Category: Real Estate News
Downsizing the Right Way
Homeownership Rate on the Rise to a 6-Year High
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:This increase does not come as a …
Tech Pieces To Keep Your Property Looking New
Whether you’ve recently bought a property to live in or sell, keeping it sparkling new is vital. If you’re living in a place that looks new, you’ll feel more relaxed, unlike going home to a decrepit house. Or, if you’re into real estate, keeping a property in its grandest appearance can make or break your …
Thinking of Buying a Condo? Here’s What You Need to Know
You’ve probably heard people throw the term “condo” around, but what exactly is a condo? If you aren’t familiar with real estate terms, it can get confusing, especially in comparison to apartments. After all, they’re both units in a building with shared walls, with the responsibility of common spaces falling to someone else. However, there …
How Pricing Your Home Right Makes a Big Difference
Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for the sale. If you’ve ever watched the show …
Ceiling Fans: the Do’s and Don’t
Nothing works quite as well on a hot and sunny day as a ceiling fan to cool one down. There is of course air-conditioning. But, the bill that comes with running an air-conditioner for long hours is stupendous. Not to mention, air-conditioning is known to adversely affect the environment that a fan does not. So, …
3 of the Worst Real Estate Traps to Avoid
Real estate is a very complex business. If you know what you’re doing, you can make massive profits. However, you can also lose huge amounts of money if things go wrong. Read this article on three real estate traps to avoid so you’re more informed the next time you invest. The last thing you want …
Creating the Perfect House-Hunting Checklist in Four Parts
In the history of written language, has there ever been a symbol more satisfying than the checkmark? Picture the shape, the jaunty tick perched so proudly to the left of a list item, boasting the completion of a task. Equally enticing is the prompt for a “Y” or an “N,” and who hasn’t heard the …
Low, High, List Price: How Much Should You Offer on a House?
So you’ve found a house that you think will fit your lifestyle, and you’re ready to make an offer. Obviously, you want to come in with a bid competitive enough to land the place, but not overpay. So how do you know whether to come in high or low against the list price — or …
8 Rules of Thumb to Determine How Much House You Can Afford
Think you’re financially ready to buy a house? Before you make appointments with real estate agents and lenders, you should make sure you’ve taken an honest assessment of your income and expenses so you know just how much home you can afford. Doing this will help your agent find the best homes for you within …
Does “Aging in Place” Make the Most Sense?
A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – …
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